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What trade did the Medici family deal in before they became masters of florence?
banking
Leading patron of Florence?
The Medici banking family was the leading patron of Renaissance Florence.
What family organized a banking business in Florence Italy and became one the richest and most powerful families in Europe during the Renaissance?
Medici
What is the major trade in Florence Italy during the renaissance?
Cloth, Cotton, Silk, Gold, Silver, and the big on... Wool
What was the difference in economic conditions between the middle ages and the Renaissance?
During the Renaissance there was banking, more trading especially in Florence Italy, and the social status was still there but there were changes. Those were the main differences. Hope that helps.
What are four factors that moved Florence into the Renaissance?
Travel, Banking
What Renaissance place was a pioneer in banking?
Florence -the Medici family.
What city dominated banking operations in the early Renaissance?
Florence.
What was the importance of Florence?
Florence, Italy was an important commercial, banking and artistic center during the Renaissance.
How did the development of a money-based economy affect Florence?
It led to Florence becoming a banking center during the Renaissance
What city derived its wealth from the wool trade and then expanded into banking?
Florence, Italy, derived its wealth from the wool trade during the Middle Ages, becoming a major center for textile production. This prosperity laid the foundation for its expansion into banking, leading to the emergence of powerful banking families, such as the Medici, who played a crucial role in the city's economic and cultural development during the Renaissance. Florence's banking innovations and financial institutions contributed significantly to its status as a leading economic power in Europe.
What industries are there in Florence?
Banking, Merchants and Trading with other city states back in the renaissance. I hope this helps
What did Florence trade in the Renaissane?
Florence in the Renaissance was a major trading center for goods such as textiles, wool, silk, and metalwork. The city's merchant guilds facilitated trade across Europe and the Mediterranean, making Florence a hub for banking and commerce. Additionally, Florence was known for its production of luxury goods like fine art, jewelry, and cosmetics.
What trade did the Medici family deal in before they became masters of florence?
banking
Which country was the leader in trade during the Renaissance?
Italy was the leader country for it's thieving cities, increased trade and wealthy merchant class. the three most well know were Milan, Venice and Florence. Venice built it economy on trade and shipbuilding, Milan built it economy on agriculture, silk and weapons, while Florence was known for banking and making cloth.
Why did the renaissance start in florence?
Yes, Florence was the epicenter of the Renaissance.
What year did the first bank open?
Modern banking traces its origins back to Renaissance-era Florence, Italy during the 1500s.
